AIBE (Associazione fra le Banche Estere in Italia – Association of the Foreign Banks operating in Italy) was founded in 1984, replacing the “Club of Foreign Banks” existing since 1978. AIBE is a voluntary, non-governmental organization whose constitution is regulated by the Italian law (art. 36 c.c.), whose main purpose is to protect the interests of its members and foster their growth and cooperation, as well as to study and develop the most relevant opportunities and matters of concern in the industry.